World’s Largest Fund to Dump Oil Investments. Invest Away From Oil.
Read More »Is This The New Sweet Spot For Shale?
New Mexico may have cheaper prices and costs. but it also has some takeaway capacity and oilfield infrastructure constraints.
Read More »Azerbaijan Invited for OPEC + Meeting in Vienna
Azerbaijan intends to consider the invitation and coordinate its participation in the meeting.
Read More »China Is the World’s Biggest Energy Market Mover
Leader in electricity consumption. leader in solar power and in future EV sales according to most observers.
Read More »Saudi Non-Oil Revenues up 80% as Reforms Pay Off
The former statistic highlights ``the feasibility of the economic reforms`` underway.
Read More »IEA: India Became Third Largest Nation for Energy Investment in 2016
China remained the largest destination of energy investment. taking 21% of the global total.
Read More »Oil Markets in ‘Wait-and-See’ Mode Ahead of OPEC Meeting
Baker Hughes reported on Friday that the number of U.S. rigs drilling for oil was unchanged at 738. having risen by nine the previous week.
Read More »Iran. Algeria Oil Cooperation will Improve
Holding first meeting of Joint Energy Meeting is a major step for working out cooperation framework.
Read More »Iran Says Majority of OPEC Members Support Extending Oil Production Cuts
The majority of members support the extension of the plan. but the final decision should be taken at the next OPEC meeting.
Read More »Russia to Waver on Length of OPEC Output Cuts Extension
OPEC and allied oil producers should extend their production cuts beyond March to help rebalance the market.
Read More »